3 E Network secures $1.3 million, establishes chip business unit

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3 E Network Launches Proactive Financing Strategy to Accelerate Semiconductor Blueprint, Officially Establishing Chip Business Unit

May 8, 2026 7:50 AM EDT

HONG KONG, May 08, 2026 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK) (the Company or 3 E Network), a business-to-business (B2B) information technology (IT) business solutions provider committed to becoming a next-generation artificial intelligence (AI) infrastructure solutions provider, today announced the advancement of a proactive capital-raising strategy designed to robustly fund its recently unveiled semiconductor and compute infrastructure blueprint.

The Company has secured a $1.3 million convertible note agreement with an institutional investor. This capital, along with ongoing financing initiatives, will directly fuel the Vertically Integrated Ecosystem strategy led by Vice President Mr. Siyang... More